Business News of Friday, 23 October 2020Source: www.ghanaweb.comPromise to pay past credits of 2020 pensioners good but lack of timelines worrying – TUCTUC General Secretary, Dr Yaw BaahThe Trades Union Congress (TUC) has said it welcomes the promise by President Nana Addo Dankwa Akufo-Addo to pay the past credits of 2020 public sector pensioners is commendable. But I am confident that once the President has promised, he is going to make sure it is implemented. I know for sure that he [President] will make sure it happens. The past credit is the contribution of public sector workers to SSNIT who retired ten years after the coming into force of Act 766. The TUC is of the view that past credits computation done by SSNIT has created a shortage in the lump sums received by pensioners in 2020 under Act 766 when compared to those received by pensioners in 2019 under PNDC Law 247.

Source: GhanaWeb October 23, 2020 09:45 UTC